February 22, 2018 / 9:02 AM / 6 months ago

KBC's Czech bank CSOB raises profit by 16 pct in 2017

PRAGUE, Feb 22 (Reuters) - KBC’s Czech bank CSOB raised its net profit by 16 percent to 17.52 billion crowns ($848.80 million) last year, the bank said on Thursday.

Loan portfolio increased by 6 percent to 657 billion crowns and deposits grew by 9 percent, the second largest Czech lender by assets said. ($1 = 20.6410 Czech crowns) (Reporting by Robert Muller)

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